BHPH · lenders · repossession costs

What a skip costs you.

Your numbers, our arithmetic. No recovery rates, no industry averages.

Your lot

Units on the street Skips per month Average balance owed ($) Skips you recover today (%) Days to locate a skipped car today

Assumes 21 days to locate a skipped car, $450 recovery per car, $15 per missing day; with a live position, 60% recovered in 1 day. Change

Recovery cost per car ($: agent, tow, fees) Cost per missing day ($: lost payment, depreciation, damage risk) With a live position: skips you'd recover (%) With a live position: days to locate

The with-position share is prefilled to match today so nothing is assumed; the one day is the example.

Prefilled as an example — replace with your numbers.

A skip is costing you about $3,059.

That is $110,124 a year, $76 per unit on the street per month. Knowing costs $1.48.

Send me this estimate

Email Company optional Phone optional

Yes, GPS Leaders can call or text me about my quote and GPS Leaders offers.

By checking this box, you agree that GPS Leaders may call and text you at the number above about your request, quotes, orders, and GPS Leaders products and offers, including with automated technology and an AI or prerecorded voice. Not required to buy. Msg frequency varies. Msg & data rates may apply. Reply STOP to opt out, HELP for help. Calls may be recorded. Privacy Policy · Terms

Repossession cost estimate — what a skip costs you
Units: 120 · Balance: $6,500 · Skips: 3/mo · Recovered today: 60% in 21 days · Recovery: $450/car · Missing: $15/car/day
Charge-offs: 14.4/yr = $93,600 · Recovery: $9,720/yr · Missing days: $6,804/yr
Cost of skips: $110,124/yr = $3,059 per skip = $76 per unit per month
With a live position (your call: 60% in 1 day): $103,644/yr — $6,480 less
Knowing: $89 device, 5 years of service included = $1.48 per unit per month

Talk to a GPS Expert now Talk to a GPS Expert about this

See the $89 tracker with five years of service →

How this is worked out

Cost	Your arithmetic	Amount
Charge-offs	Skips per month × 12 × (1 − share recovered) = 14.4 charge-offs; × average balance	$93,600/yr
Recovery	Skips per month × 12 × share recovered × recovery cost per car	$9,720/yr
Missing days	Skips per month × 12 × share recovered × days to locate × cost per missing day	$6,804/yr

Cost per skip is the yearly total ÷ skips per year; per unit per month is the yearly total ÷ units ÷ 12.

With a live position, your call (the share and days in the assumptions): $103,644 a year — $6,480 less.

Knowing is the $89 hardwired unit with 5 years of service included ÷ 60 months = $1.48 per unit per month.

What a skip costs you.

Your lot

Send me this estimate

Talk to a GPS Expert

Your cart is saved on this device.

Rather talk than type?